Retail Investment with Excess
For Sale
Contact for pricing
1279 S 2nd St., Raton, NM 87740
Retail investment includes excess land for potential construction or storage units, with long-term tenant presence.
Property SizeContact for details
Days on Market136
Property Features for 1279 S 2nd St.
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
6.5%
Listing Agency:
Colliers - Albuquerque, New Mexico
(505) 228-8818
Listed By:
Terrie Hertweck · License #NM 13730
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Albuquerque, New Mexico
Investment Insights
Based on property information with market context.
This retail investment property is positioned with long-term tenants that include renewal options. The offering also includes excess land that may support construction or additional storage units, subject to applicable CCRs.
The property includes cross access and shared parking with an adjacent property. Public remarks also note potential for additional monument signage, and that CCRs are in place.
As presented, this is a retail-focused investment that combines existing tenant occupancy with additional on-site land utility.
The property includes cross access and shared parking with an adjacent property. Public remarks also note potential for additional monument signage, and that CCRs are in place.
As presented, this is a retail-focused investment that combines existing tenant occupancy with additional on-site land utility.
Key Highlights
- 6.5% CAP rate retail investment
- Long‑term tenants in place with renewal options
- Excess land available for potential construction or storage units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 49%
SONIC Drive In
Dining
11,977 visits/mo
0.5 miles
Loaf 'N Jug
Shops & Services
6,918 visits/mo
0.2 miles
Dollar Tree
Shops & Services
5,613 visits/mo
0.1 miles
Domino's Pizza
Dining
2,667 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
1,778 visits/mo
0.4 miles
Demographics for 87740, NM
7,138
Population
3,889
Households
1.8
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
1,306.7 sq mi
ZIP Area
5
Density / Sq Mi
$52,856
Median Household Income
$32,093
Median Earnings
$734
Median Rent
$157,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail investment includes excess land for potential construction or storage units, with long-term tenant presence.
Where is this retail space located?
The property is located at 1279 S 2nd St. Raton, NM.
What are key features of this property?
This property features: 6.5% CAP rate retail investment; Long‑term tenants in place with renewal options; Excess land available for potential construction or storage units
